COWEN COLLABORATIVE INSIGHTS February 25, 2019 Figure 86 Lord Jones Packaging Reflects Premium Nature Of The Brand Figure 87 In Addition To A Lotion, They Also Offer A Body Oil ; EAE Dy. F | PhicH CBD FORMULA — oo eye wateness romwvcs BODY OlL BODY LOTION _ ¥ AVACI NS NENA ff Me OCS bd eu Sey ere PA : apn PMORD a | SSeS Sy) ar er ee aie oe (Oth sat) SSS Source: Company Reports Source: Company Reports Figure 88 CWEB Offers Creams... Figure 89 ..And Balms cw]. cw] —— ols E af > CHARLOTTE'S W ' ™ , , “ & “\ CHARLOTTE 5 WEB a 0 —_\ | = SZ - alll > | \ HEMP | HEMP & HEMP \ | Ak alesalateaedl INFUSED CREAM Seiten | 750 8 Hemp EXTRACT 950 "Seu exreac “fF BALM Nourishin, See bral =a rite UNSCENTED |, SOOTHING ion - 2SFLOZ (718) oy SOOTHING Ef 2SFL OZ. (71g) SCENT 4 Source: Company Website Source: Company Website 48 COWEN.COM HOUSE_OVERSIGHT_024864